Newest book

Trump’s Protectionism: A Great Leap Backward

US Presidents, European leaders and their academic spokespeople have attributed China’s growing market shares, trade surpluses and technological power to its “theft” of western technology, “unfair” or non-reciprocal trade and restrictive investment practices.

President Trump has launched a ‘trade war’, - raising stiff tariffs, especially targeting Chinese exports – designed to pursue a protectionist economic regime. The China-bashers of the western world ignore the developmental experiences of the past two hundred and fifty years, starting with the post-revolutionary United States policy of protecting ‘infant industries’.